Cargill, Incorporated provides agricultural products. Company profile page for Cargill Corp including stock price, company news, press releases, executives, board members, and contact information Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. Ishrak joined Medtronic as CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. She was on the list of billionaires in 2010. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. Get the full list, Youre viewing 5 of 30 subsidiaries. The action you just performed triggered the security solution. Zippia gives an in-depth look into the details of Cargill, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cargill. Click to reveal The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. How has the Suns' new starting group performed? Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. "[14], The family-owned Cargill Inc., expanded from a "small-scale frontier enterprise"a grain storage businesswith William Cargill's acquisition in 1865 of a "grain flat house" (a warehouse at the end of a railway line in Iowa) into a "complex international organization and a successful competitor in global markets. Page served as Executive Director of Cargill from 2015 to 2016, Executive Chairman from 2013 to 2015, Chief Executive Officer from 2007 to 2013, and President from 2000 to 2007. Cargill serves customers worldwide. Cision Distribution 888-776-0942 Musk Made a Mess at Twitter. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. "[14] In 2012 Margaret Anne Cargill posthumously earned the #1 spot in The Chronicle of Philanthropy's annual list of America's 50 most generous donors, beating George Soros, Michael Bloomberg and Paul Allen. Rob Cargill Expand search. The Cargill-MacMillan family is the fourth-wealthiest family in America. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. [19]:249, Cargill MacMillan Jr. (19272011), Cargill MacMillan Sr.'s (19001968) oldest son and the great-grandson of W. W. Cargill, worked at Cargill for 38 years and retired in 1988. 11% of the management team is Black or African American. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. [1] Descendants of Cargill and MacMillan have owned common equity in the "agribusiness giant" Cargill Inc, one of the largest privately owned corporations in the United States,[2][3] for over 140 years. MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. [7], The exact wealth of the family is unknown, as the Cargill company is a privately owned business entity with no obligation to disclose exact ownership. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. He now serves on the University of California, Davis Chancellor's Board of Advisors. Side-by-side, we are building a stronger, sustainable future for agriculture. The three others are third generationAusten S. Cargill II (58) in Livingston, Montana, James R. Cargill II (60) Birchwood, and Marianne Cargill Liebmann (56) in Bozeman. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. Dismiss. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. [11][12], The family was also the majority owner of The Mosaic Company,[11] the largest producer of potash and phosphate fertilizer in the United States. He is past-chair of the board of Big Brothers Big Sisters of America, past president of the Northern Star Council of the Boy Scouts of America and continues to serve on both boards as well as the board of Alight (formerly known as the American Refugee Committee). Lucy MacMillan Stitzer, a member of the Cargill-MacMillan family, former Cargill board member, and founder of the Dirt to Dinner blog, has extensive experience in agriculture, banking, investments, and corporate governance. Watson retired from Chevron and its board after a distinguished 37-year career at the company. Retired Chairman and Chief Executive Officer of Cargill. [33] The net worth of her daughter, Gwendolyn Sontheim Meyer (born 1961/62), the great-great-granddaughter of William W. Cargill, was $4.4 billion in 2020, placing her #680 on the richest people in the United States in 2020. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. Retired Chairman and Chief Executive Officer of Cargill. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. Stone joins 15 other members on Cargill's board, including independent directors Richard H. Anderson, retired chairman of Delta Air Lines, Inc.; Louis R. Chnevert, retired chairman and chief. [8] The Cargill family had at least 14 billionaires. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. [4], From 1999 until his retirement in 2007, a nonfamily member, American investor and businessman, Warren Staley, was CEO of Cargill, Inc. of Minneapolis, Minnesota. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . An agreement among different branches of the family puts six family members on Cargill's 17-person board. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. [16]:xxxi Cargill's wealth increased, as the Great Plains were transformed into a breadbasket, providing grain to the country, and the railroads expanded east to west in the last quarter of the nineteenth century. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. We have 155,000 employees in 70 countries who are committed to . He also will lead the company's corporate trading strategy. Performance & security by Cloudflare. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. Prior to these roles, Mr. MacLennan held several other positions with Cargill, including Chief Financial Officer, President of Cargill Energy and Managing Director of the Value Investment Group. This website is using a security service to protect itself from online attacks. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. There are approximately 90 family members that together own 88% of the company. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. The Cargill-MacMillan family is the fourth-wealthiest family in America. Will Others Follow? [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. Pedro Cortez Cargill - Board Member - Atipicus | LinkedIn Pedro Cortez Cargill CTO Providencia, Regin Metropolitana de Santiago, Chile 722 seguidores Ms de 500 contactos Unirse para ver. He also is a member of the board of directors of the Cleveland Clinic as well as a member of the board of trustees of Minnesota Public Radio and the Asia Society. 13% of Cargill's management is Hispanic or Latino. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. He served on the board of directors from 1963 to 1996. When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. Your IP: Page joined Cargill in 1974 as a trainee assigned to the Feed Division. Cargill married Ellen "Ella" Theresa Stowell, and they had four childrenWilliam "Will" Samuel Cargill, Edna Clara Cargill (18711963),[32] Emma Cargill, and Austen Cargill (died 1957)the second generation of the Cargill family. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. Human Rights More . MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. The Company produces grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. "[46], Margaret Anne Cargill, a fourth generation member of the Cargill family, who died in 2006, had bequeathed her shares of the "Minnesota-based food, agriculture and fertilizer conglomerate" Cargill Inc worth about $6 billion to two non-profitsthe Anne Ray Charitable Trust and the Margaret A. Cargill Foundation. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". Get the full list, Youre viewing 3 of 11 board members. Will His AI Plans Be Any Different? [11] Cargill Inc revenues remained at $117 billion. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. The most recent family members appointed to the board are fifth generation. Roger Watchorn is joining the company's executive team as leader of Cargill's Agriculture Supply Chains (CASC) business, which also includes the company's Ocean Transportation and World Trading Group. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. "[1] Forbes listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] Each year, the Cargill-MacMillan family takes about eighteen percent of the "net profits as dividends". Bayern Munich is keeping pace with Borussia Dortmund at the top of the table ahead of the season-defining clash against Paris Saint-Germain on Wednesday. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. All rights reserved. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. Explore institutional-grade private market research from our team of analysts. [14], In 2012, the unknown heiress Margaret Anne Cargill, posthumously earned the #1 spot in the Chronicle of Philanthropy's annual list of America's 50 most generous donors. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. The museum, currently . In announcing the winner Forbes said that "Not only is she almost entirely unknown, but the heiress to the Cargill agribusiness fortune passed away in 2006. 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